Weekly #20-2025: Metaverse Setbacks, AI Privacy, Uber’s Kubernetes Leap, Discord’s Search Revolution & The “AI-First” Mandate
Madhu Sudhan Subedi Tech Weekly
Meta's Metaverse Misfire Continues
In another blow to Mark Zuckerberg's metaverse dreams, Meta's Reality Labs division has now lost over $60 billion since 2020. The unit, responsible for Meta's virtual reality headsets and augmented reality glasses, posted a staggering $4.2 billion operating loss in Q1 2025 alone. Wall Street has increasingly questioned Meta's massive investments in the metaverse, which Zuckerberg claims could take years to become a viable business. With new tariffs potentially driving up device costs, and recent layoffs in the Oculus Studios unit, the future of Meta's metaverse ambitions appears increasingly uncertain.
https://www.cnbc.com/2025/04/30/metas-reality-labs-posts-4point2-billion-loss-in-first-quarter.html
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